Báo cáo tài chính

HLB · CTCP Bia và Nước giải khát Hạ Long

Báo cáo tài chính gốc theo dòng/kỳ (KQKD · Cân đối · Lưu chuyển tiền tệ).

Item	2025	2024	2023	2022
Revenue	1,835.8	1,572.6	1,469.7	1,369.4
Revenue Deductions	0.9	0.0	0.0	0.1
Net Revenue	1,834.9	1,572.6	1,469.6	1,369.3
Cost of Goods Sold	1,466.4	1,264.8	1,190.8	1,090.6
Gross Profit	368.5	307.8	278.8	278.7
Financial Income	23.3	12.7	12.6	11.0
Financial Expenses	1.0	0.2	0.6	0.7
Interest Expense	0.1	0.1	0.4	0.5
Share of Associates and Joint Ventures	—	0.0	0.0	0.0
Selling Expenses	150.9	113.2	120.1	105.9
General and Administrative Expenses	51.5	38.7	27.9	25.3
Operating Profit	188.5	168.3	142.8	157.8
Other Income	7.4	4.1	3.6	2.4
Other Expenses	1.0	3.5	6.5	1.8
Other Profit	6.3	0.6	-2.9	0.6
Profit Before Tax	194.8	169.0	139.9	158.4
Current Income Tax Expense	39.0	34.1	28.6	31.8
Deferred Income Tax Expense	—	0.0	0.0	0.0
Net Income	155.7	134.8	111.3	126.5
Non-controlling Interest	0.3	0.1	0.0	0.2
Profit Attributable to Parent	155.5	134.7	111.3	126.3
Earnings per Share	50,319.00	43,585.00	36,007.00	40,886.00
Diluted EPS	50,318.91	43,585.00	36,007.00	40,886.00

Item	2025	2024	2023	2022
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	877.8	700.8	529.6	357.6
I. Cash and cash equivalents	249.2	339.9	223.8	161.6
1. Cash	55.2	14.8	132.3	15.8
2. Cash equivalents	194.0	325.1	91.4	145.8
II. Short-term financial investments	481.5	226.8	112.2	95.7
1. Available for sale securities	—	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	0.0	0.0	0.0
3. Held to maturity investments	481.5	226.8	112.2	95.7
III. Short-term receivables	64.0	68.9	94.4	40.4
1. Short-term trade accounts receivable	0.1	0.1	0.1	1.7
2. Short-term prepayments to suppliers	5.8	8.5	3.1	20.3
3. Short-term inter-company receivables	—	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0
5. Short-term loan receivables	—	0.0	0.0	0.0
6. Other short-term receivables	59.1	61.3	90.1	18.4
7. Provision for short-term doubtful debts (*)	-1.1	-1.1	0.0	0.0
8. Assets awaiting resolution	0.0	0.0	1.2	0.0
IV. Inventories	81.6	64.6	99.0	58.1
1. Inventories	81.6	64.6	99.0	58.1
2. Provision for decline in value of inventories	—	0.0	0.0	0.0
V. Other short-term assets	1.4	0.7	0.3	1.7
1. Short-term prepayments	0.8	0.5	0.3	0.1
2. Value added tax to be reclaimed	—	0.0	0.0	1.2
3. Taxes and other receivables from state authorities	0.6	0.2	0.0	0.4
4. Government bonds	—	0.0	0.0	0.0
5. Other short-term assets	—	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	190.0	161.8	177.1	160.2
I. Long-term receivables	0.2	0.1	0.0	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0
2. Long-term prepayments to suppliers	—	0.0	0.0	0.0
3. Capital at inter-company	—	0.0	0.0	0.0
4. Long-term inter-company receivables	—	0.0	0.0	0.0
5. Long-term loan receivables	—	0.0	0.0	0.0
6. Other long-term receivables	0.2	0.1	0.0	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0
II. Fixed assets	117.1	124.6	147.9	147.6
1. Tangible fixed assets	115.8	121.7	143.8	146.8
- Cost	661.4	636.3	627.3	578.1
- Accumulated depreciation	-545.6	-514.6	-483.5	-431.3
2. Financial leased fixed assets	—	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0
3. Intangible fixed assets	1.3	2.9	4.1	0.8
- Cost	6.0	6.0	5.4	1.5
- Accumulated depreciation	-4.7	-3.0	-1.3	-0.7
III. Investment properties	—	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0
IV. Long-term assets in progress	25.6	17.7	15.9	0.4
1. Long-term production in progress	—	0.0	0.0	0.0
2. Construction in progress	25.6	17.7	15.9	0.4
V. Long-term financial investments	—	0.0	0.0	0.0
1. Investments in subsidiaries	—	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	0.0	0.0	0.0
3. Investments in other entities	—	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	—	0.0	0.0	0.0
5. Held to maturity investments	—	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0
VI. Other long-term assets	47.2	19.4	13.3	12.1
1. Long-term prepayments	47.2	19.4	13.3	12.1
2. Deferred income tax assets	—	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	0.0	0.0	0.0
4. Other long-term assets	—	0.0	0.0	0.0
5. Goodwill	—	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	1,067.8	862.6	706.7	517.7
A. LIABILITIES (300=210+330)	399.2	315.7	266.8	142.5
I. Short -term liabilities	378.2	301.4	238.8	114.9
1. Short-term trade accounts payable	53.8	74.1	91.4	39.6
2. Short-term advances from customers	100.1	70.3	0.2	0.8
3. Taxes and other payables to state authorities	155.5	86.9	109.4	45.3
4. Payable to employees	36.1	29.7	24.6	18.5
5. Short-term acrrued expenses	11.6	11.3	7.3	5.9
6. Short-term inter-company payables	—	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0
8. Short-term unearned revenue	—	0.0	0.0	0.0
9. Other short-term payables	21.1	19.0	5.7	4.1
10. Short-term borrowings and financial leases	—	10.0	0.0	0.0
11. Provision for short-term liabilities	—	0.0	0.0	0.0
12.. Bonus and welfare fund	0.1	0.1	0.2	0.7
13. Price stabilization fund	—	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0
II. Long-term liabilities	20.9	14.4	28.0	27.6
1. Long-term trade payables	—	0.0	0.0	0.0
2. Long-term advances from customers	—	0.0	0.0	0.0
3. Long-term acrrued expenses	—	0.0	0.0	0.0
4. Inter-company payables on business capital	—	0.0	0.0	0.0
5. Long-term inter-company payables	—	0.0	0.0	0.0
6. Long-term unearned revenue	—	0.0	0.0	0.0
7. Other long-term liabilities	20.9	14.4	28.0	27.6
8. Long-term borrowings and financial leases	—	0.0	0.0	0.0
9. Convertible bonds	—	0.0	0.0	0.0
10. Preferred stock (Debts)	—	0.00	0.00	0.00
11. Deferred income tax liabilities	—	0.0	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0
13. Fund for technology development	—	0.0	0.0	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	668.6	546.9	439.9	375.2
I. Owner's equity	668.6	546.9	439.9	375.2
1. Owner's capital	30.9	30.9	30.9	30.9
- Common stock with voting right	30,900,000,000.00	30,900,000,000.00	30,900,000,000.00	30,900,000,000.00
- Preferred stock	—	0.00	0.00	0.00
2. Share premium	19.5	19.5	19.5	19.5
3. Convertible bond option	—	0.0	0.0	0.0
4. Other capital of owners	—	0.0	0.0	0.0
5. Treasury shares	—	0.00	0.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0
8. Investment and development fund	148.0	148.0	148.0	148.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0
10. Other funds from owner's equity	—	0.0	0.0	0.0
11. Undistributed earnings after tax	469.4	347.9	241.1	176.3
- Accumulated retained earning at the end of the previous period	313.9	213.2	129.8	50.0
- Undistributed earnings in this period	155.5	134.7	111.3	126.3
12. Reserves for investment in construction	—	0.0	0.0	0.0
13. Minority's interest	0.8	0.6	0.5	0.5
14. Financial reserves	—	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	1,067.8	862.6	706.7	517.7

Item	2025	2024	2023	2022
Profit Before Tax	194.8	169.0	139.9	158.4
Depreciation of Fixed Assets and Investment Property	34.5	35.0	57.4	57.5
Provision (Increase)/Reversal	—	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0
Gain/Loss from Investment Activities	-22.7	-12.2	-13.0	-10.8
Interest Expense	0.1	0.1	0.4	-0.5
Gain/Loss on Disposal of Fixed Assets	—	0.0	0.0	0.0
Interest Income and Dividends	—	0.0	0.0	0.0
Amortization of Goodwill	—	0.0	0.0	0.0
Other Adjustments	—	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	206.7	191.9	184.7	204.6
Increase/(Decrease) in Receivables	6.1	27.4	-52.0	59.4
Increase/(Decrease) in Inventory	-17.0	34.4	-40.9	-22.1
Increase/(Decrease) in Payables (Excl. Interest and CIT)	89.6	33.8	127.0	-72.8
Increase/(Decrease) in Prepaid Expenses	-28.1	-6.3	-1.3	5.3
Changes in Trading Securities	—	0.0	0.0	0.0
Interest Paid	-0.1	-0.4	-0.4	0.5
Corporate Income Tax Paid	-35.2	-28.6	-31.8	-20.6
Other Operating Receipts	—	0.0	0.0	0.0
Other Operating Payments	—	-0.1	-0.5	-0.1
Net Cash Flow from Operating Activities	222.0	252.1	184.8	154.2
Payments for Fixed Assets and Other Long-term Assets	-35.7	-13.8	-72.6	-10.5
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.2	0.3	0.5	0.2
Loans and Purchases of Debt Instruments	-643.5	-189.5	-232.8	-266.2
Receipts from Loan Repayments and Sale of Debt Instruments	388.7	75.0	216.3	220.7
Investments in Other Entities	—	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0
Dividends and Interest Income Received	21.4	10.0	12.2	10.2
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-268.8	-118.1	-76.3	-45.6
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00
Proceeds from Borrowings	—	39.9	35.3	199.1
Repayment of Borrowings	-10.0	-29.9	-35.3	-230.3
Repayment of Finance Leases	—	0.0	0.0	0.0
Dividends Paid	-33.9	-27.9	-46.4	-31.9
Other Financing Receipts	—	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-43.9	-17.9	-46.4	-63.1
Net Cash Flow During the Period	-90.7	116.2	62.1	45.5
Cash and Cash Equivalents at Beginning of Period	339.9	223.8	161.6	116.1
FX Difference from Revaluation	—	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	249.2	339.9	223.8	161.6

Item	Q4'25
Profit Before Tax	194.8
Depreciation of Fixed Assets and Investment Property	34.5
Gain/Loss from Investment Activities	-22.7
Interest Expense	0.1
Operating Profit Before Changes in Working Capital	206.7
Increase/(Decrease) in Receivables	6.1
Increase/(Decrease) in Inventory	-17.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	89.6
Increase/(Decrease) in Prepaid Expenses	-28.1
Interest Paid	-0.1
Corporate Income Tax Paid	-35.2
Net Cash Flow from Operating Activities	222.0
Payments for Fixed Assets and Other Long-term Assets	-35.7
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.2
Loans and Purchases of Debt Instruments	-643.5
Receipts from Loan Repayments and Sale of Debt Instruments	388.7
Dividends and Interest Income Received	21.4
Net Cash Flow from Investing Activities	-268.8
Repayment of Borrowings	-10.0
Dividends Paid	-33.9
Net Cash Flow from Financing Activities	-43.9
Net Cash Flow During the Period	-90.7
Cash and Cash Equivalents at Beginning of Period	339.9
Cash and Cash Equivalents at End of Period	249.2

Giải mã BCTC

Điểm nhấn trong BCTC của CTCP Bia và Nước giải khát Hạ Long (HLB) mà bạn nên biết

On a Năm 2025 basis, HLB is maintaining revenue growth, but margins have not improved proportionally — profit is at an all-time high.

Want to know what to do next with this momentum? Talk to an advisor

Tiếp theo: Chuỗi số liệu & so sánh ngành → Tổng quan· Bóc tách BCTC· Nhận định